Jamison Properties Acquires Industrial Asset In Miami For $1.48M
SOLD
$1,480,000
Florida
See Similar DealsIndustrial4,065 SF
Sold 05/30/2023
SOLD
Jamison Properties Acquires Industrial Asset In Miami For $1.48M
1840 NW 22nd St, Miami, FL 33142
See Similar DealsIndustrial4,065 SF
Sold 05/30/2023
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$364
Total Square Footage:4,065 SF
Transaction Type:Sale
An industrial property located at 1840 Northwest 22nd Street in Miami has been sold for $1,480,000. The property spans across 4,065 square feet with a price per square foot of $364. The sale transaction took place on 05/30/2023.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $1,480,000
- Address: 1840 Northwest 22nd Street
- Market: Miami
- Square Footage: 4,065
- Price per Square Foot: $364
The buyer of the property is Jamison Properties, while the seller is Jared Jukel. The seller was represented by Jonathan Eismann from Gridline Properties.
Players
BUYER
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$78,933.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,258.14
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,015.96
Annual Debt Service$84,191.46
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